Press release
Biological Pesticide Market Growth Share 2024-2031: Product Types and Application, Top Key Players Outlook | Dow Chemicals, Du Pont (EI) de Nemours
The global biological pesticides market size is projected to surpass US$ 6.5 billion by 2027, and register a CAGR of 16.1% over the forecast period (2019 - 2027).Market Overview:
Biological pesticides are pest control formulations made from natural materials like animals, plants, bacteria and certain minerals. They help farmers control pests such as insects, mites, weeds and plant diseases in environment friendly ways. Common biological pesticide products include Bacillus thuringiensis (Bt), spinosad, azadirachtin, Beauveria bassiana and Metarhizium anisopliae.
Market Dynamics:
The global biological pesticide market is witnessing high growth due to increasing adoption of organic farming practices worldwide. Consumers are increasingly demanding chemical-free food owing to rising health concerns over long term effects of synthetic pesticides. As a result, farmers are shifting to biological alternatives to cater growing demand for organic foods. Furthermore, governments of many countries are promoting use of biological pesticides by providing subsidies as they are considered safer options compared to traditional agrochemicals. Rising environmental consciousness is another factor boosting demand for eco-friendly biological pest management solutions globally during the forecast period.
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Growing Consumer Concerns Regarding Environmental and Health Hazards of Chemical Pesticides
The increasing awareness about the negative impact of chemical pesticides on the environment and human health is driving the demand for biological pesticides. Chemical pesticides are known to contaminate soil and water resources and have adverse effects on non-target organisms. Rising instances of diseases such as cancer due to long term exposure to toxic chemicals present in pesticides have raised safety concerns among consumers. Furthermore, extensive use of chemical pesticides has also led to development of pest resistance over time requiring higher dosage or new formulations, adding to production costs. Biological pesticides offer a safer alternative as they use natural ingredients and organisms to control pests and are more compatible with integrated pest management approaches. Various governments across the world are also promoting biological and organic farming methods and imposing stricter regulations on chemical pesticides use which is fueling the biological pesticide market growth.
Government Support Through Subsidies and Favorable Regulations
Major government organizations worldwide are supporting the adoption of biological pest control through funding initiatives and favorable policies. For instance, governments in several European and North American countries provide direct subsidies to farmers for adoption of biological pest management practices. Regulations are also being formulated to phase out hazardous chemicals and promote use of biopesticides. In India, government programs like Paramparagat Krishi Vikas Yojana encourage farmers to adopt organic and natural farming techniques. Moreover, establishing guidelines regarding maximum residue limits of chemical pesticides in food items benefits the biological pesticide industry. Such initiatives aim to promote sustainable agricultural practices and reduce dependence on synthetic agrochemicals. The supportive regulatory environment plays a big role in driving higher demand for biological pesticides.
Innovation in Delivery Systems and Modes of Action
Ongoing research and product development is expanding the range of active ingredients and delivery mechanisms for biological pesticides. Novel strains of bacteria with improved insecticidal activity are being discovered. Microencapsulation and controlled-release formulations allow precision application and sustaining efficacy of bioagents. Furthermore, combinations of different microbial agents or pairing with plant extracts is enhancing the pest control spectrum. Modes of action are also diversifying-some new discoveries function as attractants or repellents, while others induce plant resistance or interfere with pest hormonal regulation. Such innovations are addressing existing limitations and enabling effective pest management against a wider variety of crop pests and diseases. The technological advancements are anticipated to boost biological pesticide performance, competitiveness and uptake across various applications over the forecast period. Increased private investments in R&D are expected to sustain
Worldwide major and leading players within the market are:
★ Dow Chemicals
★ Du Pont (EI) de Nemours
★ Henkel AG
★ Bayers AG
★ BASF SE
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Segmental Overview
Biological Pesticide Market segmentation offers an in-depth analysis of the various segments of the market, including application, type, end use, and region. The segmentation overview section offers crucial information about the market share, sales, and growth rate for each of the segments over the forecast period. Moreover, an examination of the relative multitude of significant sub-portions in the market has been canvassed in the report.Having a knowledge about the various segments and sub-segments helps businesses recognize the importance of factors that drive industry growth.
Regional Analysis for Biological Pesticide Market:
📍 North America (United States, Canada, and Mexico)
📍 Europe (Germany, France, UK, Russia, and Italy)
📍 Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
📍 South America (Brazil, Argentina, Colombia, etc.)
📍 The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Key Highlights of the Report
Offers a comprehensive and holistic analysis of the Biological Pesticide Market.
Evaluates the competitive environments, covering partnerships, joint ventures, acquisitions, and organic growth.
Provides forecast information related to every region and sub-region of the Biological Pesticide market.
Includes information on the key opportunities and challenges faced by key industry players worldwide.
Covers the Biological Pesticide market's current and future market outlook on industry drivers, market restraints, and regional constraints.
The report answers a number of crucial questions, including:
➥ Which companies dominate the global Biological Pesticide market?
➥ What current trends will influence the Biological Pesticide market over the next few years?
➥ What are the market's opportunities, obstacles, and driving forces?
➥ What predictions for the future can help with strategic decision-making?
➥ What advantages does market research offer businesses?
➥ Which particular Biological Pesticide market segments should industry players focus on in order to take advantage of the most recent technical advancements?
➥ What is the anticipated growth rate for the market economy globally?
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